Video Site Hulu Plans to Shrink Its Board

Hulu LLC is planning to shrink its board, according to people familiar with the matter, shaking up the Web-video venture's governance as it hashes out its future within the media business.

As part of the shift, Walt Disney Co. Chief Executive Bob Iger and News Corp. Chief Operating Officer Chase Carey may give up their board seats, the people said, potentially distancing the two men from day-to-day decision-making at the joint...